Dependent variable: &  \multicolumn{8}{c}{Transfers per capita} \\ \cmidrule(lr){2-9}          & \multicolumn{4}{c}{Technology class} & \multicolumn{4}{c}{Local economic structure} \\         \cmidrule(lr){2-5} \cmidrule(lr){6-9}         & Novel & Non-novel & Novel & Non-novel & Existing  & Non-existing  & Leading  & Non-leading  \\         & field & field & sector & sector & sector & sector & sector & sector  \\         \cmidrule(lr){2-2} \cmidrule(lr){3-3} \cmidrule(lr){4-4} \cmidrule(lr){5-5}         \cmidrule(lr){6-6} \cmidrule(lr){7-7} \cmidrule(lr){8-8} \cmidrule(lr){9-9} &         \\ \textit{Panel A: OLS} 
                    &         (1)        &         (2)        &         (3)        &         (4)        &         (5)        &         (6)        &         (7)        &         (8)        \\
\midrule
Rail (5km)          &       0.026$^{***}$&       0.004$^{*}$  &       0.024$^{***}$&       0.005$^{**}$ &       0.007$^{***}$&       0.022$^{***}$&       0.006$^{***}$&       0.023$^{***}$\\
                    &     (0.006)        &     (0.002)        &     (0.006)        &     (0.003)        &     (0.002)        &     (0.007)        &     (0.002)        &     (0.007)        \\
\addlinespace[0.1cm]
\bottomrule
